IDEX jumps 34% in 7 days: Can the Hybrid Dex -Token to $ 0.045 push?

Essential assortment eating places

IDEX has emerged greater than 30% within the final seven days, with the potential increasing the rally underneath optimistic situations to 70%. The everlasting commerce quantity of the DEX expanded 3 instances in 2025 to $ 1.5 billion.

Decentralized exchanges (Dexes) make a homicide like crypto -trading volumes.

Specifically hybrid that mix person -friendliness that’s seen in centralized exchanges (CEXES) and the safety of dexes resembling resembling resembling Hyperliquid [HYPE]” Ideex (now often known as Kuma), amongst different issues.

In actual fact, the Idex token has pumped 34% within the final seven days, which reinforces the market curiosity in Hybrid Dexes. This raises the query: is there extra the wrong way up for Idex after final week’s win?

Can bulls hunt for an additional 40%?

Supply: Idex/USDT, TradingView

On the every day value charts, the higher wick advised a brief cooling after the current rally.

Nevertheless, the OBV (on steadiness quantity) has been in an ascending channel, whereas the value motion was above the Q3 Trendline help (yellow).

In different phrases, bulls have a market benefit, until the value underneath the Trendline help slips. The speedy overhead hindernis was $ 0.045.

That might be a possible revenue of 42% whether it is hit, particularly if the commerce volumes enhance the expectations of September earlier than September.

In that case, the $ 0.031 and $ 0.024 should purchase alternatives for the above function. Nevertheless, a value drop underneath the Trendline help (yellow) would make the bullish thesis invalid.

Idex Triples Perps Quantity

In response to Defillama factsCollectively, Idex and Kuma variations have achieved $ 1.5 billion in cumulative everlasting quantity from September. That may be a 3x progress of the $ 500 million that was seen in early 2025.

Supply: Defillama

The traction may additional stimulate the demand for IDEX, which additional reinforces the bullish thesis when wider crypto -trading Rebounds is mirrored.

Nonetheless, the speculative urge for food for Idex fell by virtually 50%.

In response to Coinglass, the open rate of interest (OI) charge dropped from greater than $ 4 million to $ 2.4 million, which underlined a lower in demand on the by-product market.

Supply: Coinglass

Typically, the value diagram advised that the upward development of IDEX may prolong to $ 0.045 underneath optimistic market situations.

Nevertheless, the speculative curiosity that was seen this weekend was blurred and the following step may depend upon Bitcoin’s [BTC] Subsequent course.

Disclaimer: The offered data doesn’t type monetary, investments, commerce or different varieties of recommendation and is simply the opinion of the author